4 beds
41.7407 -87.5524

8509 South Exchange Avenue Chicago, IL 60617

Est. Monthly $763 with $2,451 in taxes recalculate
4 beds

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Tinley Park, IL 60477
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7817 159th Street Tinley Park, IL 60477
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8509 South Exchange Avenue
Chicago, IL 60617

Explore This Property

Multi-Family (2-4 Units) - This is a great opportunity to own a rental property that produces positive cash flow. You can either live in one unit and have a tenant cover your mortgage or have an arm chair investment and collect the monthly rents. Additionally, this property is approved for section 8 occupancy. This property features spacious bedrooms and living rooms along with a basement that has on site washer and dryer. The building was completely renovated 5 years ago and has been maintained since then by a management company for the owner. The windows are newer and so is the plumbing and electrical along with the roof and siding as well.. and also has a 13 Month Diamond Plan Home Warranty from Home Warranty of America to add some peace of mind. It's near local shops, public transportation and close proximity to Lake Michigan... This is an absolute MUST SEE!
MLS # 09705897
Courtesy Of Keller Williams Experience

Property Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Appliances: Refrigerator
  • Architecture Style: Other
  • Heating Fuel: Natural Gas
  • Heating System: Forced Air
  • Roof Type: Unknown
  • Rooms: Basement, Bedroom

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $763Your estimated monthly payment
    $21,98020% Down Payment
    $109,900 $98,910 $2,451
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades PRESCHOOL-8 | Public School

    CHICAGO, IL 60617

    Total Students 700
    Student Teacher Ratio 19:1

    School Rating

    1 star View School Details
    Middle School
    Grades PRESCHOOL-8 | Public School

    CHICAGO, IL 60617

    Total Students 700
    Student Teacher Ratio 19:1

    School Rating

    1 star View School Details
    School Attendance
    We don't have all attendance zone information for this listing.
    Explore area schools below or for more information

    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    World Language Acad Of Scholars 0.1 mi Private PRESCHOOL-3
    Ninos Heroes Elementary Academic Center 0.2 mi Public PRESCHOOL-8
    Immaculate Conception School - Exchange 0.3 mi Catholic K-8
    Epic Academy High School 0.3 mi Public 9-12
    Great Lakes Academy Charter School 0.4 mi Public K-3
    St. Michael School 0.4 mi Catholic PRESCHOOL-8
    A Whizz Kids Preschool Inc Ii 0.5 mi Private PRESCHOOL-K
    William K New Sullivan Elementary School 0.5 mi Public PRESCHOOL-8
    Noble Street Charter - Baker College Prep 0.6 mi Public 9-12
    Bowen High School 0.6 mi Public 9-12
    Learn South Chicago Campus 0.6 mi Public K-8
    Thorp j N Elementary School 0.6 mi Public PRESCHOOL-8
    A Place Of Hope Christian Ministries 0.7 mi Private PRESCHOOL-3
    Edward Coles Elementary Language Academy 0.7 mi Public PRESCHOOL-8
    Our Lady Of Guadalupe School 0.8 mi Catholic K-8
    Camelot Safe Academy 0.8 mi Public 4-12
    Thomas Hoyne Elementary School 1.0 mi Public K-8
    Myra Bradwell Communications Arts & Sciences Elem School 1.1 mi Public PRESCHOOL-8
    Chicago Vocational Career Academy High School 1.1 mi Public 9-12

    Local Area Information for Chicago, IL 60617

    Median Age: 36.1
    Married: 27.9%
    Number of Households: 28,672
    Households with Children: 8,697
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Multi-Family (2-4 Units) located at 8509 South Exchange Avenue, Chicago, IL 60617 is currently for sale. 8509 South Exchange Avenue, Chicago is listed for $109,900. This property has 4 bedrooms. If the property located at 8509 South Exchange Avenue, Chicago, IL isn't what you're looking for, search Illinois real estate to see other houses for sale in Chicago.